Zimplow offloads Puzey & Payne

Business Reporter
ZIMPLOW Ltd has completed the disposal of Puzey & Payne to its management for an undisclosed amount.
“The directors of Zimplow Holdings Ltd are pleased to announce the disposal of Puzey & Payne Ltd effective June 1, 2013 to its management who are supported by a strategic

‘ECB in danger of overload’

FRANKFURT. — The European Central Bank risks being overloaded by its new and huge task of watching over banks, executive board member Peter Praet warned in a newspaper interview on Friday.

Chirume’s vision for ZSE

LAST week, our Senior Business Reporter Martin Kadzere engaged the new Zimbabwe Stock Exchange chief executive Mr Alban Chirume (AC) on his vision as the new ZSE boss. The issues included his immediate targets, viability of stockbrokers and the market outlook.

Secz applauds disclosures

Business Reporter
THE Securities and Exchange Commission of Zimbabwe has applauded the gradual shift towards increased financial closure by public listed firms.
Secz chief executive Mr Tafadzwa Chinamo, in an interview last week, said there was notable progress towards increased financial closure.

Zanu-PF to unlock US$1,8 trillion

Business Reporter
Zanu-PF plans to broaden indigenisation by unlocking US$1,8 trillion value from exploiting idle assets when it wins the forthcoming harmonised elections.
Zimbabwe will go for the watershed polls on July 31 to elect a new Government following the expiry in June of the dysfunctional inclusive Government fronted by three political

Belfast cops injured in petrol bomb attacks

BELFAST. — Seven police officers were injured in Belfast after being attacked with petrol bombs in a second night of violence by Protestant rioters in the Northern Irish capital, a spokeswoman said yesterday.

New foreign minister for Egypt

CAIRO. — Nabil Fahmy, a former ambassador to the United States, yesterday accepted the post of foreign minister in Egypt’s new cabinet, which replaces ousted president Mohamed Morsi’s government, sources said.

Zimmerman’s acquittal triggers protests

SAN FRANCISCO. — Americans angry at the acquittal of George Zimmerman in the death of black teen Trayvon Martin marched in US cities throughout Saturday night, with reports of sporadic acts of violence.

Trapped Snowden has more secrets

MOSCOW. — US intelligence leaker Edward Snowden yesterday marked three weeks stuck in a Moscow airport transit lounge, as a supporter warned the fugitive possessed even more secrets that could damage the United States government.

Congolese flee to Uganda

BUNDIBUGYO. — More than 55 000 refugees from eastern Democratic Republic of Congo have arrived in Uganda after fleeing a rebel attack, Red Cross officials said yesterday, although the rate of new arrivals has begun to slow down.

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